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. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
economy." here's the cover of the book. professor auerswald, what role does fairplay and economic development? >> guest: well, that's a great question and maybe i'll talk about what role does fear play in our conversation about development and our conversation presence? so when we talk about our reality and share our ideas in the marketplace, we are competing with other ideas. we know three things about marketplace ideas. short-term sells better than long-term. fear sells better than hope. negative sells better than positive that is to say exaggerated flows better than moderated. to receive disproportionate number of short-term narratives of negative, exaggerated stories essentially. so short-term on the negative come exaggerated. that's what's talked about any ideas. we are creatures who grew up in the savanna or environments where we were always subject to threat. so we're looking at that thing is going to hurt us, but we are no longer in those environments. we are in a complex economy, that really relies on organizations to provide basic necessities. so we have to update our th
begin with the qstion that haunts our time -- why in a nation as rich as america, has the economy stopped working for people at-large even as those at the top enjoy massive rewards? the struggle of ordinary people for a decent living, for security, is as old as the republic, but it's taken on a new and urgent edge. instead of shared prosperity, our political system has now produced a winner-take-all economy. >> how ch is enough, gordon. >> hollywood saw it coming.ho >> the richest 1% of this country owns half of our country's wealth -- $5 trillion. one-third of that comes from hard work, two-thirds cmes frome inheritance. interest interest accumulating to widows' idiot sons. andre what i do -- stock the re estate speculation. it's [ bleep ] >> you got 90% of the american people have little or noet worth. i create nothing -- i own.o we make the rules, pal. the news, war, peace, famine, upheaval -- the price of a paper clips. we pull the rabb out of the hat while everybody else sits there wondering how in the [ bleep ] we did it. now, you're not my ev enough to think we're living a
to get this economy soaring again. so who should you choose? we're hours from the election. these men are delivering closing arguments, making their final case for your vote. it's an election about the economy, so let's look at the evidence. jobs. president obama's argument, he's gained back every job lost under his watch. that's quite a feat, but romney says not good enough. >> we're going to create 12 million new jobs and more take-home pay. >> reporter: >> how is that possible, major economic growth. the economy grew at a 2% annual rate during the third quarter, better but not nearly enough to significantly boost hiring. romney will be much more than that to keep his jobs promise. how about housing. prices in some areas are rising, foreclosures slowing, but this is america and what will really get the economy going again is you. consumer spending rising, consumer confidence the best in four years. there's no doubt president obama inherited an economy in crisis, and his supporters will tell you he's turned things around. >> we have made real progress. >> his final argument, he deser
campaign experts. >> i think if you look at the president has done with the economy, it is very far reaching, just across the country women have access to capital to start small business, let's not forget his very, very first bill that he signed in to law was lily ledbetter fair pay act. it's a tremendous accomplishment. i think that shows his devotion and his commitment to women. >> first thing you have to ask is, what are women concerned about today, it's jobs, job security, opportunities for themselves and for their loved ones and in particular for their kidss there a brighter future. this is mitt romney's message to women to all americans. is that he is going to put in to place economic policies that will create growth which will create the jobs, be the ergy to small businesses start growing again. >> we asked the experts whether reproductive rights is a decisive issue for women voters this year. >> it is for the barack obama campaign. they think that's the way they're going to keep their women. suggest that women would vote about who's going to pay for their contraception, that
struggling u.s. economy, but latest jobs numbers released today show some slight improvement in the number of people out of work in october. >> the pace of recovery is slow, but it is sure to be news that both campaigns will be spending in their bid for the white house. >> ohio is the latest stop on the campaign trail. it is a key swing state with a history of voting for the overall winner. that is why barack obama was in the state capital columbus on friday. he's hoping the latest labor market numbers will give him a boost. employment rose slightly. >> the company has hired more workers in october than at any time in the last eight months. >> said the president thinks things are improving, but his challenger mitt romney says the economy is stagnating. at a rally in wisconsin, he also accused obama of failing to fulfill his promises. >> candidate obama promised change, but he could not deliver it. i promise change, but i have a record of achieving it. >> not everyone sees that as the main issue. new york's conservative mayor michael bloomberg has endorsed obama because of his efforts to ha
to 36 hours to finish that job. you know, the economy is a huge issue in the election, and here in ohio, why are the people in the state with one of the lowest unemployment rates the most worried? some answers on cnn, next. hone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> with just three days to go until vote issers head to the polls, a new jobs report has both sides taking sides. now companies hired 171,000 employees in october, that is more than any other time in the past eight months. but while hiring has increased, so has unemployment. that rate rose slightly to 7.9%, up from 8% in september.
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
, who would have thought it. case about the improving economy. >> in 2008 we were in the middle of two wars, and the worst economic crisis since the great depression. today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> with only four days left on the campaign trail, the candidates were all over the crucial state of ohio. president obama made three different stops today in that state. then out west to springfield, ohio. then he headed north to lima, ohio. mitt romney was not going to be outdone. here is a look at another romney campaign rock concert and victory rally outside cincinnati. romney was also in wisconsin this morning, portraying himself as the candidate of change? >> the question of this election comes down to this. do you want more of the same, or do you want real change? and we bring real change. >> do you want 32 more months of private sector job growth? romney sure has a funny way of showing change, doesn't he? take a look at romney's surrogates at t
a plan to get this economy going. >> paul: and joining the panel this week, wall street journal columnist and deputy editor dan henninger, political diary editor jason riley, james freeman and washington columnist kim strassel. >> any evidence that hurricane sandy is going to affect this race? >> i think, yes, i think it might, in the sense that -- i think one of the big elements in the race is the level of enthusiasm on both sides. my strong sense, paul, this is an enthusiasm deficit on the democratic side. >> paul: all the polls show that. >> all the polls show that and i think it's a going to be a determining factor, now, new jersey, new jersey, maryland, it isn't going to decide whether-- obama will win those states. his popular vote may be down, i think the hurricane is going to suppress the popularity vote. >> paul: dampen that. >> and i spoke to a pollster not working for the obama campaign and agreed with dan's sentiment, turnout was an issue for democrats, enthusiasm is down, but also says that he thinks this allowed obama, even though he missed some days on the campaign trail, a
? >> polls show americans care more about the economy and jobs. polls show voters think romney can fix the economy and create jobs. but the media aren't connecting the dots. why not? find out next on news watch. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of hear
reading on the economy before election day shows stronger than expected job gains. but more people were look for work last month and that pushed unemployment a tenth of a point higher to 7 .9%. still a pickup of 171,000 jobs is significant. economist stewart hoffman calls it the real deal. >> a good gain in jobs, a widespread gains, this isn't a fluke, it's a genuine improvement in the jobs market. >> in a moment lou dobbs will tell us if he agrees with that point of view. here is what is really happening. unemployment ticked up to 7.9%. however, there were more jobs available in october. in fact, the workforce rose by 578,000 americans. that's good. the reason unemployment went up is because more americans are now looking for jobs because more jobs are becoming available. the bad news is that unemployment among african americans jumped almost a full percentage point from 13.4% to 14.3%. that is a disaster. also, the real unemployment rate in october was 14.6%, including people who have given up looking for work. bottom line, 12.5 million americans who want to work, can't find employmen
am, mitt rom economy coming here tomorrow where i am and paul ryan coming here today. that's why we're here. listen, mitt romney thinks they can grab pennsylvania away from the democrat, a state the republicans haven't won since 9 1988. >> paul, thanks. randi. >>> new numbers on where things stand in florida. take a look here. this nbc news/"wall street journal/"marist poll. florida is the biggest of all the expected swing state with 29 electoral votes. >>> on the campaign trail in ohio former new york mayor rudy giuliani offered a scathing critique of the president and said president obama should resign. it happened at a rally for mitt romney yesterday. mr. giuliani slammed the administration on a lot of topics. benghazi, others. >> they're real excited today because unemployment didn't go back to 8%. ility 7.9%. they should be ashamed of themselves. the greatest country on earth, the greatest country in the history of the world and our growth is at 1.2%. he should resign! >> the founder and ceo of news corp rupert murdoch is also sounding off on the election via twitter. he blast
to accelerate the economy and grow jobs. in order to do that, we have to have a congress that knows how to work together. i learned some valuable lessons as mayor and governor. one started here on this campus. in 2008, we were going through what became the worst recession in 75 years. your president, and other university leaders, came and said, times are tough. why do we not do a construction campaign on the state colleges? there was an idea to build a virginia tech school of medicine. i worked together and by the end of it, we did a $1.4 billion -- that is to revitalize the roanoke economy. it was about jobs, public, private partnership, education, infrastructure. i have a long jobs plan. i just summarize it. democrats and republicans have to work together. that is what is needed in washington. that is how i have governed. that is the u.s. senator i will be if you send me and i have a chance to serve. >> thank you. >> thank you for watching. susan and i have been listening to the people of virginia. they want leaders to work together to get our economy back on the right track, create jobs, sto
to stimulate the economy is hire more teachers. well, the answer to that is, of course they would say that, they are teachers. i think the best thing to stimulate the economy is to hire more conservative journalist. [laughter] >> i think it is just self-evident that that would work. [laughter] >> that is logic to consider that it rejects other forms of federal spending. there is also a form of keynesianism that sweeps into conservative economic thinking once you get into defense spending. they begin to talk about the loss of jobs at the close on a military base and the multipliers that we have is the hairdresser who, you know, is cutting the true terror won't have a job that point. that may come on some level be true. i could be argued with every program. with other programs we look in terms of how that money could otherwise be spent and who might otherwise be employed and what other economic opportunities are lost as a result of the government spending. but when it is defense spending, conservatives have a bit of a blind spot with that. the purpose of national defense is defending the nat
the economy, his record, and responsibility where the unemployment rate and in this economic recovery now stand. voters simply trust governor romney more on this most imrtant issue. let's reveal -- that is revealed in poll after poll. a new "washington post" poll shows governor romney turning the economy around. with an 11-point lead as well, and to america trust moreo work with both parties in congress. so to give this election does turn on the economy, governor romney has, perhaps, an edge going into the election's final hours. we will take up the election, which way the swing states we will breaking key demographics with former bush chief of staff and campaign savant karl rove. retired navy admiral james lyons joins us he says the american people deserve to hear the truth about pin gauzy, and it is time for the president to come clean. he joins us live tonight. not only the president in question, the balance of power in congress to be decided. and that is the subject of tonight's start talks. joining me now, former deputy chief of staff to president george w. bush, kal rove. fox is a c
sandy and all, regardless of what happens in the end it will have a big impact on the economy and the administration says, it is improving and we got the latest hint of that, the final jobs report, before the leck and that is, surprising spurt, better than 170,000 jobs, added, plus to the economy and unemployment rate of 7.9%, and back with us is jack welch, who might quibble with the rate, in about the last time and you still don't necessarily buy these numbers? >> neil, look, the real unemployment rate, take the last ten years, prior to 2009 recession, ten-year average of what is called the participation rate, how many people are working, temporarily, full-time, and, you take that number, and you take ten-year average, and you run it now with the workforce. you have an unemployment rate close to 11% and that is what the real unemployment race, people are feeling, out there. now, garbage workers have walked away and that is the real rate and the number, 7.8, that popped in the other day, didn't make any sense. i mean, you had a number that said we had more people added, since
in this country to push our economy and improve the economy over the next four years. host: breaking news this morning. we have been talking about the jobs numbers coming out today. 7.9%, slightly up from 7.8%, the unemployment rate, from september. showing 171,000 jobs added in october, this according to the u.s. bureau of labor statistics this morning. i want to get your quick reaction to those numbers. guest: first of all, that is virtually no change. yes, it is an uptick, and it was down the month before. but unemployment is staying basically around 8%. if you count the people of -- who have given up looking for jobs in this country, we have over 20 million people who are unemployed right now. we have to address their needs and concerns, and make sure they have jobs over the next four years. by producing 12 million jobs, a lot of these people will be put back to work. if we continue the policies of the last four years, i am afraid we will see the next norm for unemployment in this country will be 8%, and the unemployment figures are going to stay around that 20 million figure. i think
. >> it is not her fault to the economy. >> i should do this. >> this super pac is going crazy. >> myths about the election. >> neil: the auto industry zero argo bankrupt? >> and that is our show tonight. john: tonight we exploded duty night about elections and a natural disaster. i am told hurricane sandy is proof we need a powerful federal government, the fema to provide emergency management. the just makes sense. disaster across state lines who but the fed can help? the new york times declared a big star requires big government. very few politicians are skeptical. it is a relief to turn to ron paul. doctor, it is of myths that we need fema? >> i think so. it causes more harm than good. we handle plus a disasters 204 years before we had fema i have taken this position for a long time since the was first in office and i kept getting reelected because people were tired of fema. locked into insurance and it is a bureaucracy. they just takeover. john: across the fed line they have to have rolled? >> no. we should have real insurance. it causes many of the problems because they say you have to ha
morning. i think the reality is that there is still going to be a lot that is lost from this economy. initial estimates right now are 30, 40, some as high as $50 billion that could be lost as a result of all of this storm activity. however, and this is what you're referring to. some economists are saying, well, you might see a pick up in building activity and homes need to be rebuilt and construction projects need to resume and, thus, you could see another $30 billion potential in construction that happens after the fact. nonetheless, as you point out, you're left with all those economic costs in the immediate term. all those waitresses not waiting tables right now are not making tips. the movie theater that was closed in new york taking in, as you point out, $3,000 in revenue. that stuff has a snowballing effect. what it does, victor, it creates an immediately slow down in the economy that hopefully, at some point, starts to turn around. but those losses are very real and they take time to dig out from under. as far as the construction goes, yes, we will probably see more constructi
than $5 trillion. the ation's economy, it is all but stagnant. this has governor romney running l as the candidate of change. >> accomplishing change is not just something i talked about. it is something actually done, and we need to have someone in the white house who cannot just talk about it, but do it. lou: the most recent poll of ohio mirrors those tight national polls. rasmussen reports showing governor romney tied with president obama at 49%. nationally the dead heat can be seen across a white canvas of polls. the real clear politics bulbuls has the two men separated tonight by a mere tenth of a percenge point to. the rasmussen reports daily tracking poll has the race at 48%. the abc ashington post tracking poll shows the governor taking a one point lead after trailing b one yesterday. those of the two most recent national polls. and while the polls are tight, they are not always accurate or indicative of the of come. either candidate could win this election by a sizable margin, if you considea sizable margin to be two or 3 percent, perhaps, regardless of what these polls a
of shutdown or default and that of course chills the economy, puts more people out of work. the president was right when he said he can't change washington from the inside. you can take him at his word. that's why we're going to send him outside. all right? when i'm elected i'm going to work with republicans and democrats in congress. i'm going to meet regularly with their leaders. i'm going to endeavor to find those good men and women on both sides of the aisle who care more about the country than they do about politics. and together, we're going to put the nation back on track to a balanced budget and to reform our tax code and to finally reaffirm our commitment to financial responsibility. now, if the president were to be re-elected he would continue his war on coal and oil and natural gas. he would send billions more to his favorite friends and all of this means higher gasoline prices and fewer jobs. today gasoline costs twice what it did when president obama took office. and when i'm elected, we're going to change the course of energy entirely. i know just how much energy means to mi
we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and there will be fewer taxes from each individual. there will be way more people paying into the tax system. revenue neutral. lakshman is telling us you have a choice over how much you charge people in taxes. they may not produce all the jobs. what he is doing on day one is adding to the deficit. >> could be but let'
. >> we will continue the discussion about the economy, and whether the math really adds up for the deficit. we will look at some of the numbers, all of that on the other side of the debate. please stay with us. welcome back to the continuation of our debate. with us today, congressman allen west and patrick murphy. we will continue our discussion with george bennett. >> we left hanging on the deficit. you are opposed to raising taxes. the deficit this past year was $1.1 trillion. if you are not going to raise taxes, what are the things you can cut to get close to erasing a $1.1 trillion deficit? >> we should be about $230 billion, but we have to look at agencies that were created that are not meeting up to their mission. you look at the department at energy that was created when i was a teenager. it was to make the united states energy independent. what has happened with that department over the last 40 years? we look at the expansion of the government and education. when we separated education out of health, education, and welfare. we have spent more money at education at
. they are all fired up! >> i know he that when i'm elected the economy and the american job market will still be stagnant. but i won't waste any time complaining about my predecessor. and by the way, i'm not just going to take office on january 20, i'm going to take responsibility for that office as well. >> this is a choice not just between two candidates or two parties. it is a choice between two fundmentally different visions of america. it is a choice between going back to the top down policies that crashed our economy or assessing the kinds of policies that will make sure we have got a strong and growing middle class. that is the choice. >> i think if people look to the future they realize the last four years haven't worked and that mitt romney is the only one with a plan to turn things around. >> i want the election over with us i want to win it. i want to start moving forward. i want to stop this regression that we are in. economic recession. the silly transformation of america obama has undertaken. we want to get busy and start reversing this. the enthusiasm and momentum there is no q
as the race for the white house reaches its conclusion. no mat wrer i ter where i go, t economy is the most important issue in this election. i've been traveling with john avalon. he joins me now as does my good friend christine romans. she joins me from washington. jim acosta from did he back to you, iowa, where mitt romney just landed. brianna keeler is in milwaukee, wisconsin, traveling with president obama. let's start here in ohio. the state has a very complex economy. here's some of what we've been hearing from voters on this trip. >> just a lot of depressed areas. a lot of joblessness. >> just looking at the unemployment rate, it's so scary to me. >> the last four years has not been very good for our small business. >> with the debt crisis, our country has, that burden is going to be on us in the future. >> all of the skills i had are obsolete now. >> i'm not up at the white house. i don't see rich people all the time. i see a lot of poor people. >> shut down, closed, reduced wages, ship the jobs overseas. we lost 55,000 factories. >> we're probably never have the things that we did
the economy around saying the president has failed to meet the challenge fay can the united states. >> the difference between us, he makes promises and he couldn't keep. i'm making promises i have kept and i will keep them for the american people. [ cheers and applause ] >> reporter: president obama meantime, continuing down the path you can't trust governor romney. that he is misleading american people, imploring to give him another four years to get the economy on track. now is not the time to be changing horses. >> after four years of president you know me. you may not agree with every decision i have made. maybe you are frustrated about the pace of change but you know what i believe. you know where i stand. you know i tell the truth and you know i'll fight for you your families every single day. >> reporter: part of what the president said feeds into the narrative that governor romney is creating here. that he is a nice guy and means well but he doesn't put a take to get things done. something that happened yesterday, in springfield, ohio when president obama said thiskr romney
Search Results 0 to 49 of about 228 (some duplicates have been removed)

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